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exports to the EU decreased by
- Provinsi: Jawa Barat
- Negara: United Kingdom
- Listed: 24/05/2013 13:16
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Japan 1.1013 trillion yen, an increase of 14.8%, and for the fourth cheap adidas rose 3.0 consecutive month up; exports to the EU decreased by 3.5% for the second consecutive 19 month fell; exports to China increased by 0.3% growth in three slightly wounded.Analysts pointed out that although the Bank of Japan recently launched a large-scale quantitative easing caused by the depreciation of the yen, or will continue to help the Japanese export sector, but during Japan’s trade situation will continue to be affected by fuel price changes, multiple factors such as the international economic environment the impact of the depreciation of the Japanese yen import costs equally uplifting inconsiderable. (China Securities Journal)Why was not able to reap the Japan External Trade depreciation of the yen, “dividend”Japanese Finance Ministry data released on 22 April this year, appeared in Japan ¥ 879.9 billion trade deficit since April 1979 appeared the largest trade deficit.According to Japanese customs clearance data, import and export trade in Japan in April the
average exchange rate of 1 U.S. dollar 96 yen, compared to last year, the yen depreciated 16.6%.In general, the yen depreciated help improve Japan’s exports. But in fact, Japan has a trade deficit for 10 consecutive months. Japanese government to encourage exports, and actively induced depreciation of the yen, failed to reap the depreciation of the yen prompted Japanese trade “dividends”, why not First, the Japanese yen depreciation costs of imports increased significantly.April, Japan’s imports up by 2%, but the amount of imports surged 9.4 percent. Situation is basically the same as the first quarter from January to March Japanese imports minus 1.1 percent year on year respectively, 0.1% and 5.5%, but the amount of imports increased by 7.1% year on year respectively, 12% and 5.6%.Liquefied natural gas, for example, Japan, April imports were 7.05 million tons, up by 2.1%; But fromadidas rose 773 for sale the amount of imports of view, an increase of 17.9%.Secondly, although the depreciation of the yen context, exports increased on the book, but a closer look
statistical report, the export volume decreased rather than increased. This means that depreciation of the yen did not really bring export growth.In April trade data, for example, the month the Japanese exports to 6.6573 trillion yen, an increase of 3.8%, but the export volume of view, Japan’s exports in April fell 5.3 percent, is already 11 consecutive months of decline. Similarly, the continuous decline in the yen the first quarter of this year, from January to March exports to Japan increased by 6.3% year on year respectively, minus 2.9 percent, rose 1.1 percent, but exports were reduced by 5.9%, minus 15.8%, minus 9.8%.”Japanese Economic News” editorial Saijo both husband that weaker yen from the previous historical experience, the depreciation of the yen and increased exports there is a certain time lag, if the yen continues to remain low in the future, not only exports, Japan’s exports will usher in a period of rising volume.However, market analysts have pointed out, including energy, adidas adizero rose 2.5 the current downturn in global commodity prices, partly caused by depreciation of the yen to reduce import cost pressures. But if commodity prices rose sharply, Japan is not only the burden of imports to rise further
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